Jan 10 2018
Buyback of Treasury bonds RIKH 18 1009

Government Debt Management has decided not to hold an auction of Treasury bonds on Friday 12 January 2018.  Instead Government Debt Management will offer to buy back bonds using an auction format. The Treasury offers to buy back nominal bonds in series RIKH 18 1009, which matures on 9 October 2018. The purpose of the buyback is to reduce the size of the series which is currently 70 b.kr., and thereby reduce the Treasury’s refinancing risk at maturity.

Press release(pdf) 
Terms of buyback (pdf)

More news

Switch auction of nominal bonds RIKB 20 0205

On Friday, 18 May at 11:00 am, Government Debt Management will conduct an auction of Treasury bonds. 

In this auction nominal bonds RIKB 20 0205 will be offered. The total amount of accepted bids will be announced after the auction. 

NOTE it is only possible to purchase bonds in RIKB 20 0205 with the sale of RIKB 19 0226, which matures on 26 February 2019. Government Debt Management will purchase RIKB 19 0226 at a pre-determined price – that is, at a clean price of 103.090 (105.151644 with accrued interest per 100 nominal value) – with settlement on 23 May 2018. To clarify, this price is equivalent to 4.50% yield. The value of the bond, together with accrued interest, will constitute payment for the new issued bonds. 

Given the size of RIKB 20 0205, investors are encouraged to take advantage of this opportunity to participate in the switch auction and acquire RIKB 20 0205.

Press release(pdf)
Terms of Swichoperation (pdf)

Results of additional issuance of Treasury bonds RIKB 28 1115 and RIKB 22 1026

As stated in paragraph 5 of Terms of Invitation to Tender for Treasury bonds, the Government Debt Management offered the equivalent of 10% of the nominal value sold in the auction 4 May, at the price of accepted bids. This time Primary Dealers did exercise their right to purchase in RIKB 28 1115 for 120 m.kr. and in RIKB 22 1026 for 142 m.kr. Total outstanding nominal value of RIKB 28 1115 after the auction is now 53,868,601,519 kr. and RIKB 22 1026 is now 81,602,800,000 kr. Settlement date is 9 May 2018.